Workers Rights

  The corporate turmoil at JCPenney’s parent company, Catalyst Brands, continues as the retailer announces its second round of layoffs in just two months. This time, 9% of corporate staff are being let go, following a 5% reduction in February. With thousands of employees already impacted, the company insists these cuts are necessary to "optimize structure and roles," but workers are left wondering how much deeper the axe will swing. The rapid succession of layoffs suggests deeper financial instability than previously disclosed—raising concerns about JCPenney’s long-term survival. Catalyst Brands, which oversees JCPenney, had roughly 5,000 employees before the layoffs began. Combined, the two rounds of job cuts have significantly hollowed out its corporate workforce, leaving remaining employees anxious about further restructuring. While leadership claims these moves are part of an "integration effort," critics argue that continuous downsizing reflects poor strategic ...